PwC CEO: You cannot opt out of AI Paul Griggs, CEO of PwC, said they plan to adjust billing model to factor in AI, potentially without even a human professional in the loop, and added that if any humans have a problem with it they have no place in this firm.
With AI doing more work, reviewing becomes paramount AI can now do most of the boring work, which raises the question of what the humans will be doing. According to vendors featured during the IMA's Technology Showcase, the answer is reviewing the work the AI does.
IRS offers $1.2B in unclaimed tax refunds for 2022 More than 1.2 million taxpayers only have until April 15 to claim a total of approximately $1.2 billion in refunds for tax year 2022.
Tech news: Deloitte and UiPath team up to launch Agentic ERP Plus, EY announces new software development model; SAP touts new integrations, features for Concur; and other accounting tech news and updates.
Moss Adams spins off wealth management unit The unit will now be renamed Threadline Wealth, backed by investment from the Cynosure Group, and have $5.8 billion in client assets under management
On the move: Bennett Thrasher adds int'l tax partner
Weaver names pair of tax partners; RubinBrown appoints assistant managing partner; and more news from across the profession.
Why AP leaders must modernize before the pressure boils over Accounts payable processes once ran on predictable inputs. That world has changed.
Evergrande liquidators, PwC to face off in court The case may reveal how far auditors can be held accountable for their work on insolvent companies accused of fraudulent accounting.
SEC targets auditing 'bad actors' with new enforcement team It's unclear whether the commission plans to move auditor enforcement out of the PCAOB and into the SEC.
Tax Fraud Blotter: A ghost of a chance GI series; On the eve of redemption; telecom con; and other highlights of recent tax cases.
